Here's where Bitcoin might be headed if gains from Nov 2016-Nov 2017 are replicated:
10/31/20 $13818
11/30/20 $14730 6.6%
12/31/20 $19311 31.1%
1/31/21 $19234 -0.4%
2/28/21 $23696 23.2%
3/31/21 $21587 -8.9%
4/30/21 $27437 27.1%
5/31/21 $45655 66.4%
6/30/21 $48669 6.6%
7/31/21 $56650 16.4%
8/31/21 $94096 66.1%
9/30/20 $86098 -8.5%
10/31/21 $127856 48.5%
11/30/21 $196514 53.7%
The top of the "Bitcoin log growth curves" comes in near $140,000 in Nov 2021. If that price comes in that time frame, then based on past history it would be a good time to sell at least some of your Bitcoin. The top of the curves was hit at $32 in June 2011, $1177 in Nov 2013, and $19764 in Dec 2017 which were the peaks of the last 3 bull cycles. Be prepared for 20-40% corrections along the way. Any correction near the 21 wma is still a buy opportunity.
10/31/20 $13818
11/30/20 $14730 6.6%
12/31/20 $19311 31.1%
1/31/21 $19234 -0.4%
2/28/21 $23696 23.2%
3/31/21 $21587 -8.9%
4/30/21 $27437 27.1%
5/31/21 $45655 66.4%
6/30/21 $48669 6.6%
7/31/21 $56650 16.4%
8/31/21 $94096 66.1%
9/30/20 $86098 -8.5%
10/31/21 $127856 48.5%
11/30/21 $196514 53.7%
The top of the "Bitcoin log growth curves" comes in near $140,000 in Nov 2021. If that price comes in that time frame, then based on past history it would be a good time to sell at least some of your Bitcoin. The top of the curves was hit at $32 in June 2011, $1177 in Nov 2013, and $19764 in Dec 2017 which were the peaks of the last 3 bull cycles. Be prepared for 20-40% corrections along the way. Any correction near the 21 wma is still a buy opportunity.